Trump Media files for spot Bitcoin ETF approval from SEC

Trump Media files for spot Bitcoin ETF approval from SEC

Trump Media files for spot Bitcoin ETF approval from SEC

Trump Media & Technology Group filed an S-1 registration form with the US regulator to launch the Truth Social Bitcoin ETF.

Trump Media and Technology Group, the company majority-owned by US President Donald Trump that runs his Truth Social media platform, filed with the US Securities and Exchange Commission (SEC) to launch a Bitcoin exchange-traded fund (ETF).

TMTG filed an initial registration statement on Form S-1 for its Truth Social Bitcoin (BTC) ETF on June 5, according to an announcement by the company. The filing reads:

The filing comes after stock exchange NYSE Arca submitted a proposal to the SEC to list the Truth Social Bitcoin ETF on behalf of crypto asset manager Yorkville America Digital, a partner of TMTG, the owner of Truth Social.

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